Aviva Investors has launched a global real estate fund of funds to help UK local authority pension schemes access unlisted property and still comply with LGPS regulations.
Schemes could shift to 75% bond allocations over the next five years as the desire to reduce investment mismatching gathers pace, a consultant says.
Pension Insurance Corporation is hoping to raise around £500m in new capital to allow it to complete £5bn of risk reduction deals with schemes.
Britvic closed its defined benefit pension scheme to future accrual in April and switched all members to its existing defined contribution plan, results show.
EUROPE - A European parliamentary committee has backed proposals to exempt pension funds from rules forcing them to clear over-the-counter derivative transactions through central counterparties.
A European parliamentary committee has backed proposals to exempt pension funds from rules forcing them to clear over-the-counter derivative transactions through central counterparties.
AUSTRALIA - The Gillard government will amend superannuation legislation to tighten the list of funds that are exempt from policing by the Australian Prudential Regulation Authority (APRA) it announced this week.
Helen Fowler profiles the achievements of the UNPRI, and asseses the likely effect of its decision to make membership fees compulsory
Martin Palmer of Friends Life looks at the changing pensions landscape and what part workplace SIPPs will play in the future
Ensuring the administration underpinning auto-enrolment is simple and flexible is the only way small and micro employers will comply without problems, B&CE Benefit Schemes says.